Professional Client

An investor that is able to meet several regulatory criteria.

An investor that is able to meet several regulatory criteria.

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Maturity date

The date on which a gilt is redeemed and the gilt holder receives the repayment of the nominal amount and final dividend or coupon payment.
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Unicorn

A startup valued at over £1 billion. They are rare, hence the name.
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W-8BEN Form

Non-US individuals and businesses may have to file this form for the Internal Revenue Service (IRS), the US tax authority.
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Compound interest

Understand what compound interest means and how it's calculated
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Coupon

Also called a dividend, this is the fixed annual interest paid to gilt holders. It’s usually paid in two equal, semi-annual instalments and expressed as a percentage of the nominal value of the gilt.
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Money laundering

A method of moving money obtained illicitly through the financial system so it can be used legally.
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Bookbuilding

How banks work out what investors will pay for shares before an IPO, one order at a time.
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Annualised Rate of Return

The average annual return an investor sees over a set period of time.
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Beta

Learn what Beta stands for in finance.
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